Ardelyx
ARDX
70 hedge funds and large institutions have $231M invested in Ardelyx in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 11 reducing their positions, and 11 closing their positions.
236% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 11
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
6% more funds holding
Funds holding: 66 → 70 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
40% less capital invested
Capital invested by funds: $387M → $231M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$17M |
| 2 |
NMC
NEA Management Company
Timonium,
Maryland
|
+$14.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.7M |
| 4 |
TCM
Tekla Capital Management
Boston,
Massachusetts
|
+$7.38M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
-$1.31M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$1.17M |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
-$1.06M |
| 4 |
Morgan Stanley
New York
|
-$935K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$923K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$162K | -16,440 | -100% |
|
|
PP
77
PDT Partners
New York
| – | -$281K | -15,500 | Closed |
|
78
BNP Paribas Financial Markets
Paris,
France
| – | -$59.4K | -3,276 | Closed |
|
|
CCMH
79
Cornerstone Capital Management Holdings
New York
| – | -$27K | -1,500 | Closed |
|
80
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$12K | -648 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
ARDX Hedge Fund Activity: Q1 2016 in Review
70 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2016, worth a combined $231M — down 40% from $387M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ARDX positions and 11 closed out — a net gain of 4 holders — while 37 added to existing stakes and 11 trimmed.
The largest buyer was RA Capital Management, adding an estimated $17M. The largest seller was Broadfin Capital, cutting an estimated $1.31M.
- 70 institutional investors held Ardelyx (ARDX) as of Q1 2016, up from 66 in Q4 2015.
- Funds reported $231M of Ardelyx stock for Q1 2016, down 40% quarter-over-quarter.
- 15 funds opened new Ardelyx positions in Q1 2016 and 11 closed out, a net change of +4 holders.
- The largest Ardelyx buyer in Q1 2016 was RA Capital Management, an estimated $17M added.
- The largest Ardelyx seller in Q1 2016 was Broadfin Capital, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2016.